Relevant news regarding VAT and Excise Taxes included in Royal Decree-Law 20/2022
VAT Rate reductions:
- 5% VAT on electricity, natural gas, briquettes, pellets extended till Dec 31, 2023
- 0% VAT on basic food products from Jan 1, 2023 till June 1, 2023
- 5% VAT on olive and seed oils and pasta from Jan 1, 2023 till June 1, 2023
Source PwC
Latest Posts in "Spain"
- Spain Opens Temporary SII Exit Window After VERI*FACTU Mandate Delay to 2027
- Express Revocation of VAT Special Regime Renunciation Required; Tacit Revocation Not Permitted
- Spain Postpones Verifactu Ordinance to 2027, Grants Exceptional SII Opt-Out Until January 2026
- Spain Opens Special SII Exit Window After VERI*FACTU Deadline Postponement for Voluntary Participants
- Draft Law to Implement First Phase of EU’s VAT in the Digital Age (ViDA) Directive
